Estonia-headquarted Luminor, the third largest financial services provider in the Baltics, has partnered with cloud portfolio management firm FA Solutions to consolidate its cross-border pension management operations.
Through the partnership, Luminor seeks to streamline its pensions offering across Estonia, Latvia and Lithuania.
FA Solutions provides a cloud-based portfolio management platform that automates and centralises operational processes into one system.
The FA Platform automatically summarises the necessary data in one document based on selected parameters, shedding light on hidden insights.
Rasmus Pikkani, head of asset management and pensions at Luminor, said: “As Luminor was created through the merger of several entities, we have been working on improving our IT architectures to align with our cross-border business model.”
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